Defi Hack: Visor Finance to launch new token post 94% drop in price after exploit

The latest update in Visor Finance’s exploit of 8.8 million VISR tokens saw Visor publish its post-mortem report of the hack, determining the upcoming launch of a new token to replace the formerly stolen VISR. Post exploit, VISR’s price witnessed a steep drop amounting to 94 percent. At press time, VISR was trading at the price of $0.054998, with a market cap that stood slightly over $1 million, according to CoinMarketCap data.